As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.
Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.
We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.
Your Opportunity Starts Here.
Why JoinAs a Tax Compliance Manager at OCBC, you will play a critical role in ensuring the bank's compliance with client tax regulatory requirements, i.e. FATCA, CRS and QI. This role offers a unique opportunity to work at the intersection of banking and regulation, and to contribute to the bank's reputation for integrity and compliance.
How you succeedThis is a highly specialized advisory role requiring extensive expertise in Client Tax Regulations (FATCA/CRS/QI), coupled with an understanding of regulatory (international and local) requirements/expectations on client tax risk assessment and controls. The individual will be expected to independently provide advisory on client tax regulations, provide clear guidance on key projects relating to FATCA/CRS/QI within the bank and influence decision-making across a wide range of senior stakeholders. The role will also require regular engagement with senior management, regulators, auditors, external industry participants and cross-functional stakeholders across the Bank.
What you doProvide tax advisory support on Client Tax Regulations (FATCA, CRS and QI).
Participation in the Bank’s major projects and initiatives.
Support to maintain an effective global client tax compliance programme and review client tax compliance policies and procedures/controls.
Maintain and enhance FATCA/CRS/QI compliance programme.
Monitor and assess Client Tax Regulations changes, emerging risks / typologies and global trends impacting the Bank, communicate any changes to stakeholders for compliance and disseminate the updated policy and procedures.
Conduct training for staff to raise their tax risk awareness and familiarity with the bank’s policies, procedures, guidelines and risk appetite; and to ensure more robust execution of controls by staff to mitigate client tax and AML tax risks.
Act as point of contact and liaise with IRAS, MAS or other regulatory agencies as directed by the Head Tax Compliance.
Degree with minimum 3 - 5 years of tax compliance experience.
Strong technical knowledge and understanding of regulatory (international and local) requirements/expectations on client tax risk assessment and controls.
Strong understanding of FATCA, CRS and QI are required.
Excellent interpersonal, organizational, analytical and communication skills.
Ability to work independently and meet deadlines.
Willingness to learn and upgrade new skills and knowledge.
Meticulous, highly organized and structured.
Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.
Skills Required
- Degree
- Minimum 3–5 years of tax compliance experience
- Strong technical knowledge of international and local client tax regulatory requirements, risk assessment, and controls
- Strong understanding of FATCA, CRS, and QI
- Excellent interpersonal, organizational, analytical, and communication skills
- Ability to work independently and meet deadlines
- Willingness to learn and upgrade new skills and knowledge
- Meticulous, highly organized, and structured
What We Do
OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker. OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services. OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang. OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.
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